Peter Brant is more than just an art collector; he’s been a pal to artists. After Brant bought his first Warhol when he was just 21, Andy and Peter ended up taking trips together: to Aspen, Europe, and closer to home, Montauk. [Wall Street Journal]

This summer, the Met is coming out with yet another blockbuster fashion exhibition, Punk: Chaos to Couture. (That title probably sounds better when said aloud in a death metal growl.) We kid you not, there will be a CBGB bathroom installed in the Met. [New York Magazine]

Developers are currently digging up a few more blocks of High Line, north of 30th street, now to be added to the the existing park. [Curbed; Crain’s]

Gross. Julia Halperin reports more museum woes, thanks to shoddy leadership. After this week’s news that MoMA plans to demolish the old Folk Art Museum building, the US Bankruptcy Court has ordered around 200 works seized from its collection. The works had been promised to the museum in 2005 by its former chairman, collector and jewelry merchant Ralph Esmerian, who later used the same work “as collateral to secure multi-million-dollar loans from Sotheby’s and Christie’s.” Esmerian never repaid his debts, and he’s currently in prison for wire fraud, so Sotheby’s will be selling them off this winter. Christie’s is upset because the work isn’t getting sold at Christie’s. Just drag it right through the mud. [The Art Newspaper]

Shoddy leadership is a plague. Felix Salmon explains how Cooper Union’s board mismanaged funds they were charged with overseeing, and must now, in direct violation of founder Peter Cooper’s vision, charge tuition. No one has been held accountable. [Felix Salmon]